Don and Marcella McCormick Scholarship First Bank and Trust
Accepts applications
Don and Marcella McCormick Scholarship First Bank and Trust is a private foundation in Sioux Falls, South Dakota. In tax year 2025 it gave $15,000 in 15 grants; the typical grant was $1,000 and the largest $1,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$15,000
- Number of grants15
- Typical grant$1,000
- Largest grant$1,000
- Assets$267,906
Giving in 2025 was up from $12,500 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $12,500 | 19 | $243,005 |
| 2024 | $12,500 | 13 | $250,808 |
| 2025 | $15,000 | 15 | $267,906 |
How to apply
Its grants go to individuals, not organizations. Every grant in its 2025 filing was paid to an individual (for example a scholarship or assistance with costs), so it is not a funding prospect for a nonprofit.
| Contact | First Bank and Trust PO Box 1347, Sioux Falls, SD 57101-1347 |
|---|---|
| Phone or email | (605) 978-1129 |
| What to submit | Application material provided upon request |
| Deadlines | May 15 of each year |
| Restrictions | Attending sd public higher ed, b average or above, from lake county, sd |
What Don and Marcella McCormick Scholarship First Bank and Trust funds
Where it gives
All of its grants went to recipients in South Dakota.
| State | Grants | Amount |
|---|---|---|
| South Dakota | 15 | $15,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
| Individual | Education | $1,000 |
Officers and trustees
- First Bank Trust
Questions people ask
Does Don and Marcella McCormick Scholarship First Bank and Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: May 15 of each year.
How much does Don and Marcella McCormick Scholarship First Bank and Trust give?
$15,000 in tax year 2025, across 15 grants, with a typical grant of $1,000.
Who runs Don and Marcella McCormick Scholarship First Bank and Trust?
Its 2025 filing lists First Bank Trust (Trustee).
What does Don and Marcella McCormick Scholarship First Bank and Trust fund?
Based on its grants, mainly education.